Breakfast Group

Analysis

Breakfast Group is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in April 1997, 29 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Breakfast Group reported income of $423k and spending of $429k, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $203k to $423k (+109%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Breakfast Group sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within WA. Charities of a similar size with the same main cause include Armand J Brinkhaus Sr South St Landry Community Library District ($423k), Woodrow Volunteer Fire Department Inc ($423k) and Five Frogs Inc ($423k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $90k (21% of expenses). Other salaries and wages came to $158k. At year end it held assets of $67k against liabilities of $25k, net assets of $42k. It reported 8 employees.